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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Summary Of Significant Accounting Policies [Abstract]  
Schedule Of Uncollectible Reinsurance Recoverable And Premium Receivables

 

Years Ended December 31,

(Dollars in thousands)

2020

 

2019

Reinsurance receivables and premium receivables

$

41,357

 

$

25,605

Schedule Of Deferred Acquisition Costs Amortized To Income

 

Years Ended December 31,

(Dollars in thousands)

2020

 

2019

 

2018

Deferred acquisition costs

$

1,873,250

 

$

1,703,726

 

$

1,519,030

Net Income (Loss) Per Common Share

 

 

Years Ended December 31,

(Dollars in thousands, except per share amounts)

2020

 

 

2019

 

 

2018

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

514,151

 

 

$

1,009,461

 

 

$

89,041

 

Less: dividends declared-common shares and nonvested common shares

 

(249,056)

 

 

 

(234,322)

 

 

 

(216,221)

 

Undistributed earnings

 

265,094

 

 

 

775,139

 

 

 

(127,180)

 

Percentage allocated to common shareholders (1)

 

98.7

%

 

 

98.9

%

 

 

99.0

%

 

 

 

261,770

 

 

 

766,386

 

 

 

(125,848)

 

Add: dividends declared-common shareholders

 

246,054

 

 

 

231,796

 

 

 

214,088

 

Numerator for basic and diluted earnings per common share

$

507,824

 

 

$

998,182

 

 

$

88,239

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per weighted-average common shares

 

39,656

 

 

 

40,291

 

 

 

40,388

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Options

 

77

 

 

 

129

 

 

 

198

 

Denominator for diluted earnings per adjusted weighted-average common shares

 

39,734

 

 

 

40,420

 

 

 

40,586

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per common share net income (loss)

 

 

 

 

 

 

 

 

 

 

 

Basic

$

12.81

 

 

$

24.77

 

 

$

2.18

 

Diluted

$

12.78

 

 

$

24.70

 

 

$

2.17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Basic weighted-average common shares outstanding

 

39,656

 

 

 

40,291

 

 

 

40,388

 

 

Basic weighted-average common shares outstanding and nonvested common shares expected to vest

 

40,160

 

 

 

40,751

 

 

 

40,816

 

 

Percentage allocated to common shareholders

 

98.7

%

 

 

98.9

%

 

 

99.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

(Some amounts may not reconcile due to rounding.)